Rithu purchase rcm applicable and amount show column no.

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This discussion clarifies the Goods and Services Tax (GST) implications for a regular scheme dealer purchasing old gunnies from unregistered persons (Rithu). It confirms that Reverse Charge Mechanism (RCM) is not applicable in this scenario. The advice details how to report these purchases, specifically the Rs 5 lakh value, within Table 5 of the GSTR-3B filing, distinguishing between Rithu purchases and those from composite dealers.

Kollipara Sundaraiah

Kollipara Sundaraiah (Querist)

14 September 2021 Sir,
A gst registered old gunnies business regular scheme dealer purchase of old gunnies(5 tax rate goods) from urd persons (rithu) value rs:5 lacs for August-21 month.
Question:
1.dealer rithu purchase amount rcm applicable or not.
2.purchases amount rs:5 lacs show column no in gstr3b.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

14 September 2021 1 RCM not applicable.
2 Enter in table 5.

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Kollipara Sundaraiah

Kollipara Sundaraiah (Querist)

14 September 2021 purchase from rithu amount rs:1,20,000/- igst rs:6000/- total invoice value rs:1,26,000/- through generated ewaybill 2.purchases from composite dealer rs:50,000/- two purchase invoice amounts show table 5 in gstr3b

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

14 September 2021 Composition dealer purchase show it in table 5.

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